South of Market or SOMA is another breakthrough development in the Philippines. Situated in Fort Bonifacio, Global City, this chic 40-storey twin tower residential condo embraces the fundamental needs of today's sophisticated city dwellers. All units are corner units, guaranteeing spectacular views from every residence.
SOMA will be the first and the only residential condo in the country to deliver luxury residential units FULLY-FITTED and COMPLETELY FURNISHED when handed to buyers. Moving in is worry-free and hassle-free as living in SOMA starts immediately upon turnover. No messy fittings. No additional expenses and time wasted in buying appliances and furniture. Every unit comes complete with:
- Bed Frame in each bedroom - European-style Closets on each bedroom - Air-conditioning unit on each bedroom - Living Room Set including a sofa, coffee table and side chair - Sony 21' Flat Screen TV - Home Theater Entertainment System (DVD, CD, MP3, Multi-Speaker Surround System) - Dining Room Set including a dining table and chairs - Enclosed Kitchen with framed glass sliding door - Glass on Aluminum and MDF Laminate Kitchen Cabinetry - Stainless 12 cu. ft. Refrigerator w/ Freezer - Stainless Cooktop w/ Oven - Stainless Range Hood Extractor - Microwave Oven - Fully-Automatic Washing Machine - All units with balconies with sliding glass door
Some of SOMA's features and amenities are the following: - Commercial area at the ground floor that will offer distinct and essential services to SOMA residents. - Three high-speed elevators for each tower - THX theatre movie room for exclusive use of residents - Two-storey Travertine cladded lobby (similar to Essensa) - Function rooms and owners lounge - Swimming pool, locker room, fully equipped gym & personal trainer - Game room - Doorman assisted entry - Massage services (on a fee basis) - Full time concierge providing a wide range of services such as: - Catering and special events, dry cleaning, pick up and delivery - Florist delivery, maid service, restaurant reservations - Tailoring and alterations, movie and sport tickets, car washing and detailing - Automatic Club SOHO membership
Compared to other projects, SOUTH OF MARKET has the following advantages: 1. The only fully-fitted and completely furnished residential condo in the Philippines. 2. Low density condo for extra privacy. 3. Located on a corner lot very near shopping malls, dinning, leisure, entertainment venues, and international schools. 4. South Tower is guaranteed to be completed by December 2007 at the fixed indicated value of the units upon reservation. December 2008 (or earlier) for the North Tower. 5. All units are corner units and have balconies thus giving each unit breathtaking and unobstructed views. 6. SOMA is not only furnished; also a lot cheaper compared to the nearest competitor in the area.
SOMA breaks new ground by taking the conventional and familiar ideas about a home and taking it all a notch higher. SOMA buyers get a well appointed, fully-fitted, and luxurious home without investing too much money. SOMA challenged the way condo units are sold by making our buyers our partners through a unique co-development approach. As a co-development project, you get the following additional advantages/benefits:
1. SOMA is VAT FREE. This gives you a savings equivalent to 10% of unit price. No hidden charges. 2. FREE Documentary Stamps (1% of unit Price) - Docs Stamps is FREE when the title of the unit is transferred to your name. 3. FREE Transfer Taxes (1% of unit price) - Transfer Taxes Fee is also FREE when the title of the unit is transferred to your name.
All these translate to a huge 12% savings versus any other condo in the country. With other projects, you as a buyer will be carrying this 12% extra fees/taxes. Additionally, SOMA is priced almost 30% LESS than its nearest competitor in Fort Bonifacio Global City. SOMA simply represents the best value for your money; other condo projects do not offer even half of what SOMA can offer.
And as a unit owner of SOMA, you become an automatic member of SOHO Club - designed to create a unique and select network of people passionate about work and leisure. As a member, you are entitled to a range of discounts and promotional offers that have been specially extended to you. Some of the privileges you will enjoy as a SOHO member are: tickets to movie premieres, complimentary gifts, invitations to various exhibits, open bar parties and special sale and discounts at selected stores and restaurants.
Unit Sizes and Price Range: 1-BR Suite P 2.90M - P 3.20M 36.10sqm Facing WEST 1-BR Suite P 3.06M - P 3.37M 38.10sqm Facing WEST 1-BR Suite P 3.16M - P 3.49M 39.41sqm Facing WEST 1-BR Suite P 3.28M - P 3.63M 40.84sqm Facing EAST 2-BR Suite P 5.96M - P 6.59M 74.20sqm Facing EAST or WEST 3-BR Suite P 9.37M - P 10.37M 116.67sqm Facing WEST 3-BR Suite P 9.49M - P 10.50M 118.17sqm Facing EAST
Parking Price: Basement Level 1 -------- 3-BR & Commercial -------- P 700,000.00 Basement Level 2 -------- 2-BR & 3-BR ---------------- P 660,000.00 Basement Level 3 -------- 1-BR ------------------------- P 630,000.00 Basement Level 4 -------- 1-BR ------------------------- P 600,000.00
Note: Parking slot is optional and sold separately. It can be acquired also at a later date.
SOMA offers a 3-year ZERO INTEREST with the following payment term options.
Option 1: 10% of Unit Price - Down Payment payable within 30 days. 65% of Unit Price - To be amortized over 36 months starting on the 2nd month. 25% Balance - Payable upon turn-over of unit.
Option 2: 20% of Unit Price - Down Payment payable in 6 equal monthly installments. 60% of Unit Price - To be amortized over 36 months starting month 7. 20% Balance - Payable upon turn-over of unit.
Option 3: 20% of Unit Price - Down Payment payable in 3 equal monthly installment. 25% of Unit Price - To be amortized over 40 months starting month 4. 10% of Unit Price - To be paid as Balloon payment on the 10th month after the 1st monthly amort. 10% of Unit Price - To be paid as Balloon payment on the 20th month after the 1st monthly amort. 10% of Unit Price - To be paid as Balloon payment on the 30th month after the 1st monthly amort. 25% Balance - Payable upon turn-over of unit.
Applicable Discounts: 20% Outright Downpayment (within 30days) - Less 3.5% discount on unit price. 100% in 36 Months (Straight Payment with No Downpayment) - Less 4% discount on unit price. 100% in 12 Months (Straight Payment with No Downpayment) - Less 12% discount on unit price. CASH in 60 Days - Less 14% discount on unit price. CASH in 30 Days - Less 15% discount on unit price.
SOMA is a work-in-progress project. Construction for both towers is now on-going and we are now working on the 5th level. The SOUTH Tower is guaranteed to be completed by December of 2007 and December 2008 for the NORTH Tower. Please contact us to request for more pictures.
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